tv The Early Show CBS November 2, 2011 7:00am-9:00am EDT
good morning. financial markets facing another tough day as political turmoil in greece throws a major wrench into a key debt deal, raising fears of a worldwide recession. we have the latest this morning as president obama and other world leaders prepare for a key european summit. herman cain the lawyer of one of the consumer wins this time as bank of america backs down on the plan to charge customers five bucks a month to use their debit card. we will talk with the woman who helped start the campaign against the bank and take a look at whether others are following suit. the pilot of this jetliner is being called a hero this morning after being the plane safely to the ground without any landing gear. we will hear from two of the
passengers about the harrowing ordeal "early" this wednesday morning, november 2nd, 2011. here is jeff glor at the news desk with a check of what a beautiful shot. important news for women who drink alcohol. >> we hear the different studies about the possible links and benefits of alcohol. the latest study is looking it at the study between drinking and breast cancer. the study with a hundred thousand women and found a higher risk of breast cancer who drink a certain amount. women who had as little as three drinks a week were likely develop to break cancer. we will bring you more about the study and what we know about it ahead. another day of financial turmoil around the world as
president obama heads to france for an important economic meeting in europe. >> correspondent mark phillips is in nece, france, with a preview of it this morning. >> reporter: the hard talking was supposed to begin tomorrow when the world leaders gather for the g-20 summit but it's already beginning today and the reason is, as you say, greece. which decided to put the deal it's been overed ffered to bailt to a referendum. greek prime minister is due here for meetings today and they are not likely to be quiet ones. just last week, people were hoping for a new dawn in greece. instead, the question now is how long and how dark the night will be. the greek cabinet met late into that dark night and came out saying it agreed with the prime minister's plan to put the european bailout deal to the test of the national vote. even though many fear a vote
will under mine the deal and could set off a domino effect financial crisis in europe and around the world. as the rioting the past few months has shown, the deal could be a tough sale. greeks are told they have to take huge cuts in jobs, pay, pensions as part of an arrangement where banks write off half the greek debt and the big european countries like germany and france provide huge sums of money. french president sarkozy admitted he had been blindsided by the greek referendum requirement and he says the european deal on the table was the only option. all of this is being held against the buildup of the g-20 conference here and the demonstrators that accompany them. they have come from around the world and with ideas including a so-called rob rin bin hood tax
to tax financial transactions to address the problem. >> the occupy movement and this robin movement here, people are joining forces. they are recognizing the grow inequality and they need to take action. >> reporter: it's all high minded big stuff, but for now, it's all mired in the problem that won't go away, greece, the company with the big problem is threatening to take the big countries with it. >> mark phillips, thanks. most financial markets around the world are face ago third day of loss because of the troubles in europe. >> joining us with that is cbs news business and economics correspondent rebecca jarvis. so what are the world markets hoping to hear today from policymakers? >> there is really two key themes here. first of all, you have the entire world economy which is slowing down. that's a component of what policymakers have to address in general. just how to reignite some of the growth. the second big theme is what happens in the euro zone and
perhaps with greece and also with italy, portugal and ireland and they are pressure points and we have seen the biggest amount of pressure coming from greece and we want to hear there is a viability solution on the table the greeks and the rest of the euro zone can agree to. >> stocks are dropping today because of this. let's talk big picket here. >> when you look at the bank exposure in the united states what is going on in europe it is pretty significant. the congressional research service did a back of the envelope calculation trying to say how exposed are the u.s. banks to europe and their debts. they came up with $640 billion. that's a lot of money. it is also an estimate. so i should say that it may not necessarily be that exact number but they are trying to estimate it and the important characteristic here is our banks are exposed to europe. it's the banks that got the
bailout because of the housing crisis those are the same banks mostly holding the bank because of europe. >> because of that spur exposure. >> when the big banks face problems, all of a sudden, lending gets more of a struggle on top of that it's harder to get a loan from a bank and it's harder to grow your business and also harder on your 401(k). >> not that the banks are doing a lot of lending to begin with. >> there are a lot of money on the sidelines and people are apperehensive of taking out a loan in this economy. we turn to herman cain. >> one of the women accused of inappropriate conduct in 1999 says she wants to tell her store
yu but she can't. cain insists there is no sexual harassment. jan crawford joins us with more. >> reporter: the supporters of cain said he is being attacked because he is a black conservative. now, it's the candidate himself who seems to be agreeing. herman cain was asked directly if he thought revelations he had been accused of sexually two women were sexually motivated. >> i believe the answer is yes but we do not have any evidence to support it. there are some people who are democrats, liberals who do not want to see me win the nomination and there could be some people on the right. >> reporter: cain has been criticized for how he initially handled the confess. when the story first broke he seemed to give conflicting answers when asked about a settlement one of the accusers. >> i'm not aware of some settlement. yes, was there some sort of
settlement or termination. >> reporter: he says he wasn't change is his story. >> i thought legal settlement when i first heard the word settlement. my recollection later there was an agreement, so i made an assumption about the word settlement. it wasn't intended to be clintonian. >> reporter: now opponents are breaking the controversy including michele bachmann in the key state of iowa. >> this is the year when we can't have any surprises with our candidate. we have to have a candidate that we can know when we put them into office, we can trust them with their record of what they have done and who they are. >> reporter: and for the first time, the lawyer for one of cain's accusers is speaking out. joel bennett says his client living in maryland was credible. >> it had to have been something
my client found upsetting or she wouldn't have pursued the process. i think the national restaurant association ought to waive the confidentiality positions and let the two women, if they choose to do so, come forward and tell their stories so it can get a complete public airing. >> reporter: bennett said his client might be willing to speak out. one of the questions she would face was how much was that settlement. "the new york times" is reporting this morning one of the women got $35,000, a year's salary. >> jan crawford in washington, thanks. in the meantime, on tuesday, president obama made a new pitch for his 447 billion jobs bill speaking with local tv stations in crucial swing states he needs for re-election. >> one is of our minneapolis station wco-tv and she joins us from the white house.
>> reporter: during our interview president obama continued to urge congress to pass a jobs plan he had little success qeting through congress. i asked him if he would tell americans we are better off now than we were when he took over four years ago. >> we are better off now than we would have been if i hadn't taken all of the steps we took. you know, i don't think the country is stronger yet than it was when the economy was still booming and we didn't have the wall street crisis and we didn't have the housing bubble burst, but we have made steady progress, we need to make more. in the meantime, we need congress to act and why the jobs act i put forward is so important and incorporation ideas that have gotten democrat and republican support and rebuilding our roads and bridges and putting construction workers back to work and putting teachers back in the classroom, a lot of layoffs at the local level. these are the kind of things that independent economists say
could create as many as 1.9 billion jobs. we can do that and still reduce our deficit. >> reporter: at what point does the economy become your fault and not your predecessors? >> we are taking every step we need to to move the economy forward and, you know, traditionally after big financial crises like this, the economy takes a longer time to heal. and we have seen some progress, you know, in the private sector, we have seen over 2 million jobs created, but it's just not enough yet to have an impact on everybody who needs help out there and my whole orientation, when i wake up every day thinking about how can i make sure middle class families and middle class who are working hard and how can they end up living out the american dream and opening up opportunity and making this economy work for everybody, not just a few at the
top is our number one priority. >> reporter: when you look back now at your three years, what do you see as your highlights and proudest of and maybe the low lights? >> well, it's the thing i'm proudest of is stabilizing the economy, even though it is not where it needs to be. keep in mind when i came into office the economy had contracted by 9% and by 2010 the economy had grown by 4% so that was a huge reversal. the problem is stabilizing unemployment rate that is way too high and why we have to keep pushing to make the investments for long-term growth, improving our schools, improving our basic research, improving our infrastructure, but right now, what we have to do is put people back to work. >> reporter: the president also said much of its work is not done. he still wants to work on improving schools, research and infrastructure. but clearly jobs continue to be his number one priority. back to you, chris and erica.
>> amelia santaniello, thank you. betty nguyen is over at the news desk for jeff glor who is on assignment. good morning. >> good morning to you. in london this morning, an appeals court ruled that wikileaks founder julian assange can be extra dritdited to swede. he has been under house arrest most of the year. assange says he is innocent and he may still take his appeals to britain's supreme court. the fbi says a young american soldier stationed in alaska has been charged with espionage. women melee is stationed at a joint army air force base in anchorage. the army would not say who melee is accused of spying for. four georgia men are facing charges this morning in a terror plot. the four suspects were arrest yesterday northeast of atlanta
in an alleged plan to attack unnamed government officials. authorities say they are members of a militia group and are all over 65. the u.s. attorney said they planned to make risin and buy explosives. the los angeles dodgers are for sale this morning. dodgers owner frank mccourt battled with his ex-wife over the team which is now bankrupt. last night, mccourt and major league baseball agreed to have a court supervise the auction of the team. st
a major study out this morning finds women who have as few as three click drinks a way have increased risk for breast cancer. >> dr. holly phillips is here with more on these findings. good morning. we have heard about we hear all kinds of different studies about alcohol, the risk versus the benefit and a possible link between drinking and breast cancer before. what is different this time around? >> what a is majorly different it's a big study and makes the results more important to us. the study looked at 100,000 women over the course of 30 years. the study found women who drank between 3 and 6 click drinks per week had increased risk of getting breast cancer of 15%. two drinks or more per day had 51% increased risk. >> this is any alcohol?
>> yes. wine, beer, or alcohol. the younger you started drinking the greater your risk even if you stopped when you turned 40. >> what is the connection between alcohol and breast cancer? >> this study didn't look at it in particular but it probably has to do with the hormone estrogen that fuels most breast cancers and alcohol is thought to increase your circulating blood levels of estrogen and that may be the link. >> based on the findings, should women stop consuming alcohol altogether? it's still kind of confusing. doctors aren't sure what advice we should be giving. i will tell my patients if you don't drink, don't start. if you drink one drink a day and you're not considered in a high risk group for breast cancer you can continue to do that until the american cancer society changes their recommendations. >> that is the recommendation now is one drink? >> exactly. if you drink two or more a day, you need to cut back and where i will go with my patients until
we have more information. >> the studies seem to be confusing. a lot of people would say a different study every week. red wine is good, now it's not good. alcohol aside, we will hear more of these studies the coming months and years what are other ways people can yoos their risk for breast cancer? >> still overall it seems that alcohol is a small part of our overall breast cancer risk. things that are much bigger really have to do with our life stole. we need to control our weight. being overweight especially after menopause increases your breast cancer risk. follow a healthy diet meaning plant-based and exercise. 30 minutes, five times a week is shown to make a difference. those things are much more important in fighting breast cancer. >> dr. holly phillips, thank you. ahead, we will talk to passengers on the plane that made that terrifying belly landing in poland. 231 people on board and no one got hurt and we will hear about their scary flight and then ask
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>r aheadp ahe guy. real reallyreally a win. bap bank bank of america dr5 debit card fee. tt tr the othe oh, sp thth. one official said customer sentiment changes. really? is that the reason why? >> some other big banks decided not to go with the fees. hundreds of customers threatening their accounts. ♪ express yourself
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♪ that's right. sun is coming up. a little spring in our step this morning. welcome back to "the early show." i'm chris wragge, along with erica hill. this morning, what are you going to say? we always got a spring in our step. >> even more so. >> thanks to the next story. get the debit card out once again and use that thing. >> go for. you may have heard bank of america dropped plans to charge debit card users five bucks a month so the other big banks working on it and doing some trials, most of them have dropped it too. how did it come about? probably in large part thanks to folks like you who complained. more on that and meet one of the women who is behind the largest online petitions for this and reality, they might try to gouge
us somewhere else. this is a wild story. a pilot in poland hailed as a hero as safely landing a boeing 676 on its belly when the landing gear failed to deploy. >> the passengers on board of the flight which originated in the u.s. say it was a tense time and that would be putting it mildly. charlie d'agata is in london with more. >> reporter: it is an extremely rare event, not only to have all of the landing gear fail but the backup system fail too. the passenger planes are designed to survive belly landings when you have a pilot like this in the cockpit. a crisis every pilot is trained to handle. all would only hope to handle it this well. with the landing gear jammed, the pilot had no choice but to take the boeing 767 with 231 people on board down without it. with steady hands and nerves, the captain verona took the
crash out of crash landing, gentle setting the belly of the plain on retardant form the emergency crews sprayed on the runway. in the last conversation before landing, an air traffic controller said good luck. the pilot answered back no landing gear. nobody on board suffered a scratch. some knew there was a plane after taking off from newark errant. after the pilot circled the airport in warsaw to burn off fuel, they warned passengers to brace for a rough landing. >> translator: there was a lot of fear, especially among the women. there were tears. >> reporter: not all women apparently. >> next week, get on the plane. >> reporter: for some, excitement. but, for most, just relief. passengers on the polish national carrier flight were treated by doctors and
psychologists. boeing said it sent its own investigators to the scene to help figure out what went wrong. >> that is charlie d'agata in london. thank you. joining us from warsaw are two of the passengers sophia and anka borowska who live outside of philadelphia and on that flight. ladies, good morning to both of you. ank an gel ka how fortunate do you feel? >> i appreciate life a lot more and lucky to be alive. i was just crying on the plane and so happy to be here today. >> at what point did you realize there were serious problems on board? >> i didn't really know. no one really knew what was going on. they just told us, you know, be prepared for an emergency landing so we flew around warsaw like a bunch of times, and once
they -- once they said, you know, be prepared for an emergency landing, we all got into the positions. i had my head down. i was just crying. i had a panic attack actually. so i had my head down and they said we were about to land. >> how difficult was it? >> they said we were about to land. >> could you stay calm? was any passenger on the plane calm? you said you had a panic attack. what was, i guess, the general sense of the rest of the passengers on this flight? >> everyone was pretty upset. they didn't know what was going on. everyone was crying around us. you know, everyone was praying. it was just very sad and emotional. you could see how everyone was just worried about everything. people were on the phone. i was scared to pick up my phone. i thought the plane would just fall to the ground since you can't use your phone on the plane. everyone was so upset. >> what are you saying to your mom in these final moments when
the plane is making this final descent. ? you know what problems the plane is experiencing. what are you saying to one another? >> we were just communicating with each other and saying, you know, i love you and then just -- we get down safe was the main thing. we just kept quiet and we were just hoping and praying that we were going to be okay. >> now i guess the big question, you do land safely with most landing gear. what are you thinking when the plane finally comes to a stop? >> i still had my head down crying. everyone else is clapping. then, all of a sudden, we hear like the alarm. everyone gets up. we see smoke and we just run off the plane as quickly as possible. they told us to run into the field as far away as you can. >> when you looked back and look at the plane, kabul you were seeing this plane on the ground with no landing gear? >> no, i couldn't believe it. it was just so shocking that, you know, our plane just
crashed. >> and now let me ask you this. are you at all nervous about flying home and getting back on a plane? >> very, very nervous. i have three weeks here to hopefully relax about it and not have to think about it. but i just hope that i never have to experience that ever again because it's really terrifying. >> we are happy both of you are safe. thank you for taking the time and speaking with us here this morning. >> thank you. >> thank you. boy, they are lucky. and mom, sophia was there for emotional support this day after. doesn't speak or understand the language very well so we didn't pose any questions to her. >> nice to have her mom beside her for this moment. betty nguyen is standing by at the news desk with another look at your headlines. >> good morning to you. one day before the g-20
economic summit convenes in france, european leaders are in emergency talks on a new crisis. they are meeting where security is tight ahead of the summit in cannes. the problem that greece's prime minister wants them to vote on the debt bailout deal that seemed set last week. the process they might vote no has sent sfoks plunging worldwide. one of two women who charged herman cain with sexual assault wants to speak out about the case. a slow storm recovery in the northeast. power outages still affect more than 1.5 million customers after saturday's snowstorm. hundreds of out of state utility crews are on the ground helping to restore electricity. the storm is blamed for at least 25 deaths.
a bank of america customer was mad as hell and wasn't going to take it any more and wasn't alone. >> she started a campaign against a new debit card fee and she won. we will meet her and tell you why her hard work may pay off for you as well when we come back on "the early show" on cbs. however we want... and have them ready for pick up in 5 minutes, guaranteed. and if the gift we want isn't in store, it's shipped to us, free. only sears lets you get the gifts you want,
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you remember last month? bank of america announced a 5 dollar fee for customers who made as little as one debit card purchase per month and sparked a huge customer backlack. on tuesday, bank of america announced that plan is dead. >> bank of america wasn't the only ones. other big banks were testing a
debit card fee and they have also decided not to move forward with it. cbs news business and economics correspondent rebecca jarvis is here with us again and molly katchpole who started a huge successful drive against bank of america and some folks are crediting you with this change. >> there you go, mol. >> you said you were going to take it any more. why did you start the petition? >> i pretty much live paycheck-to-paycheck right now. so another fee addeded on just -- it just kind of really bothered me. i knew that other people would feel the same way. so i went to change.org. i started the petition and i knew it would catch fire and it did. >> 300,000 people. >> catching fire, an inferno. did you think it could catch fire, one thing but it really took off. >> it did. i was expecting it to get a lot of response. it grew so quickly i almost couldn't keep up with it. and i wasn't expecting this and
victory resolved. i am excited about it, obviously. >> you actually left bank of america in all of this. you went to a community bank where you say you're going to stay. bank of america contacted you at one point. what did they say? >> they were trying to explain the fee. they said they were doing it because they were trying to be more transparent with their fees which, you know, i understand, but it doesn't really explain this new fee. it's not like this fee had been lurking in the background of your bank account and, all of a sudden, they were telling you about it. >> when they are trying to explain the fee to you, did you say, look, i'm 22, i have two part-time jobs and working paycheck-to-paycheck and this is another fee i don't want to dole out annually. >> i did. i felt like they didn't care about that and i felt like they didn't take those stories into account when they announced the fee. >> the little person says i'm going to take on a big old bank of america or some other conglomerate big corporation. >> the little person becomes
very big when they take to the internet like molly did and when people like senator dick durbin come out and say vote with your feet and jay leno makes it a bad publicity thing for bank of america. they say in their statement they listened. the politically correct thing to say. we listened to to our customers and there will not be a fee. >> realistically as they told molly we are trying to be more transparent with our fees, things cost us money, are they going to hit us with a fee of $5 or something else. >> probably going to happen in another place. maybe not in the 5 dollar level. when you see that fee it's transparent. you see it completely. when you getl nickled and dimed here that is what usually happens. >> did all other banks reverse their decisions? >> bank of america is really the last ones to market that has -- is the last one to reverse the
position. but suntrust, jpmorgan, wells fargo, lastly, regions, they have all reversed their decision, along with bank of america. >> we talked when this came out one of the things which is frustrating. we have a lot of things are free. are all of those free things essentially going away? >> you went to a credit union, right? >> a community bank. >> community banks and credit unions are some of the last places are still offering these things for free. we have talked about this before. people who want all of these things for free, check with a community bank, check with credit unions because they are often the place that still offer them. >> molly, anything else that ticks you off that you want to take on? >> there is plenty but i'll keep that at bay for now. >> save it for another day. thank you for your time. see you later on in the broadcast, rebecca, again. like i mentioned, she will be back with part two. why don't you come over here and
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♪ welcome back to "the early show." it's the top of the hour on a wednesday. i'm erica hill, along with chris wragge. >> in 2005 condoleezza rice was the first african-american secretary of state. now her memoirs "no higher honor" has just come out. >> norah o'donnell sat down with speak with rice. >> reporter: as condoleezza rice revisits the eight years she spent as president george w. bush's national security adviser and secretary of state, we asked her about president obama's decision to end the war in iraq. the president announced we will pull all troops out of the iraq by the end of the year.
are you glad to see the war coming to a close? >> i am glad to see the war coming to a close, but i had hoped there might be a u.s. visual there. >> reporter: you think the he's made a mistake by not having a visual force in iraq? >> they did vote for that and didn't apparently get the deal done. i wasn't inside the negotiations so i don't know the full story of that. but we have a lot at stake in iraq. and not just because of the cost of that war to us, although that's a part of it. >> reporter: was getting rid of saddam hussein worth a trillion dollars and 4,400 american lives? >> you cannot put a price on a more stable middle east and i'm really glad there is not today a weapons of mass destruction a nuclear arms race between mahmoud ahmadinejad in iran and iraq. >> reporter: did iraq have
weapons of mass destructions? >> iraq had no stockpiles of weapons of mass destructions. >> reporter: the critics have charged that the focus on iraq meant that you took your eye off the ball in afghanistan. president obama's record in terms of terrorism, how would you rate it? >> well, president obama has built very well on the legacy and the institutions and the mechanisms that president bush left him. >> reporter: but when you look at the numbers, would you give president obama credit? he has killed more al qaeda leaders in three years in office than president bush did in his entire eight years in office. >> well, of course, the important thing is that we were able to capture their field generals and people like khalid sheikh muhammad were able to tell us how al qaeda operated. >> reporter: you have to give obama credit. he just captured bosama bin laden. president obama campaign and ran for elections saying he was
focusing on afghanistan where the real threat of terrorism was. in the end he killed osama bin laden and more drone attacks than in the obama administration than in the entire bush administration. how can you not say president obama deserves credit for -- >> i just said he deserves credit for what he has has done on the basis of mechanisms left in place for him. there would have been no drones had not president bush in fact, aurnlized the creation of the armed drones that he now uses. there would have been no information about where osama bin laden was had it not been for the courier that was identified in 2007 that led us to osama bin laden. in order to win a complicated war like this, one has to be consistent and persevere and that is what this is a story of, american perseverance own two presidents, over ten years to weaken al qaeda but not yet to
defeat it. >> in our next half hour, we will have more from norah's interview secretary rice's thoughts on 2012 election and if she plans on running for office herself. you can see more at our website at earlyshow.cbsnews.com. >> here is betty nguyen with more headlines. investigators in georgia say four senior citizens had a bucket list of attacked targets. prosecutors say the four suspects arrested northeast of atlanta are over 65 years old. they are accused of trying to buy explosives, planning to make the deadly toxin ricin and plotting to attack government officials. at least two of the suspects are former federal employees. a british appeals court ruled this morning that wikileaks founder julian assange should be extradited to sweden. sweden authorities want to question him about the alleged rape of one woman and sexual assault of another. assange says he is innocent. >> i have not been charged with
any crime in any country. despite this, the european arrest warrant is so restrictive that it prevents uk courts from considering the fact of the case. >> assange has 14 days to decide whether to appeal britain's supreme court. and in colorado this morning, snow is falling near denver. look at this. and blizzard warnings are up. the city could actually get up to 10 inches of snow today as a big storm moves through colorado and wyoming, into kansas and nebraska. so brace yourself. time for
announcer: this portion of "the early show" sponsored by macy's. coming up next, a rush of natural gas exploration is fueling new jobs and controversy. >> a closer look the pros and cons of fracking. this is "the early show" on cbs. [ male announcer ] cranberry juice? wake up! ♪ that's good morning, veggie style. hmmm [ male announcer ] for half the calories -- plus veggie nutrition. could've had a v8. welcome mi amiga,
an adventure awaits. ♪ a celebration of flavor and magnificent tastes ♪ [ cow bell, cow moo ] ♪ like chicken beef or seafood ole' ha haaa ♪ adios little one ♪ your time here is complete ♪ and my kitten just a thought, put some boots on those feet. ♪ friskies ♪ feed the senses [ female announcer ] see puss in boots, only in theaters. i habe a cohd. and i toog nyguil bud i'm stild stubbed up. [ male announcer ] sorry, buddy. truth is, nyquil doesn't un-stuff your nose. what? [ male announcer ] it doesn't have a decongestant. really? [ male announcer ] you need a more complete cold formula, like alka-seltzer plus liquid gels. it's specially formulated to fight your worst cold symptoms, plus relieve your stuffy nose. [ deep breath ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus liquid gels. ♪ oh what a relief it is! ♪
♪ a natural gas drilling boom is under way in 30 states and much of that comes from a drilling technique known as fracking. >> the drilling is not without controversy due to environmental and safety concerns. here with a closer look is cbs news business and economics correspondent rebecca jarvis. good morning. >> good morning again. this is a topic getting more attention lately. the last five years natural gas
production grown 48% a year with new wells going up nearly every day. that boom, however, has raised some big concerns about the safety of ground and drinking water and the impact on our environment. >> it has provided my family and friends jobs and income you could never dream of in this day and age. >> why do you begrudge me my health j. >> reporter: it's a debate playing out in town halls and left tou legislatures across the country. whether to drill for natural gas buried thousands of feet below the ground. >> i've lived here all my life. there was well drilling and we did not see the massive trucks and industrial equipment that we see today. >> flooding has changed. >> reporter: five years ago, carol french and carolyn knapp's family each leased their pennsylvania dairy farms hoping to catch in on the boom.
since 2005, nearly 4,000 wells have been drilled in the state. >> it was a way that we could pay our taxes that year, and be able to continue to operate and it was just a little extra money. >> reporter: but their land was never drilled. and now french and knapp say they are unhappy with the outcome. and the long-term impact on the landscape. >> a lot of the land that would have years and years of agricultural use is turned into a gas pad, a road, or a pond. >> money cannot satisfy my thirst and the money cannot keep my soil pure. >> reporter: the controversy is over how the gas is extracted through a process known as hides ri hydraulic frauking or fracking. a high pressure mix of water, sand and chemicals is then pumped into the well to break up the shale formation and bring the gas to the surface.
in the process, traces of frac fluid filled with metals and chemicals have risen to the surface prompting concerns about ground and drinking water contamination. >> we have eight wells within the radius of this farm. with the activity on the lasted five wells when drilling or fracturing the well our water went to a white soap in it and it has a pearly look and it would last maybe a day or two. >> even the allegations of ground water tmcontamination yo c count on one or two hands. >> reporter: aubrey mcclendon is ceo of chesapeake energy the second largest natural gas producer. he insists the practice is safe and vital to beating our dependence on foreign oil. so are you saying when cameras capture people who have problems with water in their home near free fracking sites or when they have a well that is dark and
doesn't look like water any more, that's not real? >> no, it's very really and it points out a huge problem, which is the lack of quality control in water wells. anybody who has a water well, we test around it and we find fully half of those wells do not meet epa standards for drinking water quality. that is the story. >> reporter: you're saying you're unfairly accused? >> absolutely. now, we have been responsible for some instances of what is called gas migration where our activities, not fracturing, just our drilling activities, have apparently forced some gas to the surface in people's water wells and this has happened, i don't know, somewhere around a dozen to two dozen times. >> reporter: in the hbo documentary "gas land." homeowners in colorado demonstrated how dangerous methane in their water supply could be. >> if we have migration issues and we have one or two in the commonwealth we are working on, we deal with it and we hold the
companies responsible. >> reporter: michael krancer is chief regulator of natural gas exploration in pennsylvania. he says it's difficult to prove that the methane contained in drinking water is a direct result of drilling. >> we have had shallow gas formations here for centuries and that has caused for a long, long time the ability of methane to migrate into private water supplies so it would not be unheard of at any time in the last 100 years for a person in our commonwealth to have been able to do a dramatic light of their faucet on fire. >> reporter: but it's not just water supplies that have been affected. in april, this chesapeake well in leroy, pennsylvania, suffered a blowout. according to the department of environmental protection, frac fluid spewed into the ground uninterrupted for nearly 12 hours. its investigation found that some of the fluid entered
towanda creek. chess a week disputes the findings and shut down operations to investigate what went wrong. >> we have a distinct and unique geology. >> reporter: you understand it now? >> absolutely. we have worked with the epa department of there and we understand we now cased our wells in a different way and life moves on. >> reporter: do you see it ever happening again? >> look. i'm not ever going -- any time you do something industrially, there is always a chance something goes wrong, but i'm never going to say never. but i think we have routed out the cause of our initial problems in pennsylvania and we fixed them. >> reporter: earlier this year, the obama administration ordered the department of energy to conduct a safety review of the industry. according to their august 2011 report, there are four major errors of concern. possible pollution of drinking water. air pollution. community disruption. and adverse impacts on
communities and ecosystems. >> the report is helpful. i think what they don't find or didn't find is massive problem with fracking. >> reporter: carolyn knapp and carol french disagree. they are now traveling the country to educate the public about what they describe as potential risks and rewards of a future filled with natural gas. >> when you think about the possibility of waking up one morning and finding out that you can't drink your water any more, i think that's a big impact. >> reporter: following the april blowout, chesapeake energy hired a firm to investigate the environmental damage and it found minor impact to the land and no private wells affected and minimal impact to the tributary and towanda creek p.m. the pennsylvania department of energy is currently reviewing that study. separately, just last week, the citizens marcellus shale
commission asked pennsylvania to slow down new drilling permits and to create stricter protections for air quality and surface and ground water. >> are there any other entities conducting any kind of long-term surveys to look at the long-term effects of fracking? >> the epa clearly this is an important task for them to be doing and the environmental protection agency is looking into this right now. they are conducting a longer term study and looking at getting natural gas from some of these unconventional sources. the sources like the rock. because natural gas can come from multiple surfaces but getting it out of the shale rock formations is one of the hardest ways of obtaining it and what that is what involves the hydraulic fracturing and epa is looking at on the drinking water and what happens in the environment overall. >> you want them to spend a little bit doing this because you want it to be a long-term study but at the same time, everybody wants the results. when are we expected to see those? >> end of 2012 is when they anticipate having a full report
ready. they said in their announcement about this study that they are conducting that they will release results if the results are urgent in their nature, they will release them as soon as they find them. >> all right. rebecca, thank you and see you later on in the show again. that's it. three times. >> appreciate it. ahead, answering with you question on tv can change your life. >> we saw it in "slumdog millionaire." and now tell you how it came true for one man in india. this is "the early show" on cbs. my name is marjorie reyes. i'm a chief warrant officer. i love the fact that quicken loans provides va loans.
♪ people say life is never like the movies but last night a young man living in popular appeared on a popular quiz show and struck it rich. >> that story line may sound familiar. as seth doane reports they are calling him the real slumdog millionaire. >> reporter: and with that final answer, 27-year-old sushill
kumar made history. becoming the first contestant ever to win the top prize, $1 million on india's version of who wants to be a millionaire. after the show, which was taped last week, the 27-year-old government office worker and his wife were handed a check for $50 million rupis, just over $2 million. the couple is from behar. one of the poorest states in yeah. when the show aired last night, they had to watch kumar's historic win from a neighbor's house because they couldn't afford a tv of their own, but not any more. >> your final answer for 20 million rubys. >> reporter: it all echoed the plot of the 2008 oscar winning film "slumdog millionaire," in which a young orphan from mubai
wins. kumar made just $120 before striking it rich but now he says he plans to buy a new home, pay off his parents's debt and even build a library in his village. seth doane, cbs news, new york. >> miracles do happen. >> have to love a story like that, right? >> it's awesome. it takes longer ever to get through the airport. do you think it takes that long? >> i think it depends and what you do when you get there. you may already know some of these tricks of the trade. we are going to share them with everybody at home, getting you through the airport onto that plane and off of it a little bit faster ahead on "the early show."
♪ welcome back to pr"the earl show." i'm erica hill, along with chris wragge. >> we have been talking about the jetblue plane that was struck on the tarmac in the snowstorm there for seven hours. toilets ivwere overflowed. it was great. >> travel can be tough with the time it takes to check bags and check through security and be patted down and that stuff. that is where our air traveler expert comes in. >> we are not talking a few minutes here. he says he can save up up to 90 minutes potentially. so that's ahead. also, it took women decades to get a fair shot in the corporate world. a new survey show many women who have made it in the business world.
are actually rethinking their careers. two-thirds say they would take a smaller paycheck in it meant they could have more free time and even more of them say they don't want their boss's job. former secretary of state condoleezza rice memoir has just come out. "no higher honor. >> cbs news chief white house correspondent norah o'donnell sat down with rice this week. you'll see they touched on everything in saddam hussein to the current presidential race. >> reporter: i want to get through a number of issues that are in the book so if i can get some quick responses on this. >> yes. >> reporter: did iraq have rmed rm weapons of mass destructions? >> remember, the intelligence report said he had reconstituted
his buy l-- >> reporter: did saddam hussein have anything to do with 9/11? >> from all accounts, saddam hussein was not responsible in any way for 9/11. >> reporter: you and colin powell were not invited to vice president cheney's house to celebrate the liberation. why do you think that was? >> oh, it was a little tongue in cheek. a little bit of humorous after the fall of the statue. by those who had been the longest supporters of the overthrow of saddam hussein. >> reporter: in 2003 they were celebrating. >> it is understandable. but the fact is there was hard work ahead. >> reporter: do you like president obama? >> of course i do. i have great respect for his team. i don't agree with everything they have done but that is obvious. but americans elect their president and he is my president too. >> reporter: would you vote for him? >> i've always said it's not my business to tell people who i'm going to vote for. i think that that is why we have a secret ballot but i'm a committed republican.
i think everybody knows that. >> reporter: you're not saying you didn't vote for him? >> i said i am not going there. if i say i did or i didn't. >> reporter: if you are a proud republican you would say, absolutely, i voted for john mccain and sarah palin. >> i am a proud republican and i think that is well understood and the complications of that are well understood. >> reporter: would you ever seek political office? >> i've had my time and i think it's time to move on to people who have a fresh view on things, but i'm a policy person, not a politician. i'm not interested. >> reporter: being vice president? >> in being vice president. >> reporter: if mitt romney were to call you and ask you to be his vice president, you would say? >> i don't know how much more clearly i can say that politics doesn't appeal to me. it really doesn't. >> reporter: herman cain, he has been accused of sexual harassment. should that disqualify him? >> first of all, i am certain he will answer questions about transpired but i wouldn't jump to conclusions about this man or about his past at this point.
i think he's an interesting person and he's certainly stirred up the debate. >> reporter: herman cain predicted he would be the victim of a high tech lynching. what do you think of that? >> i don't care much most incendiary language and i am actually someone who doesn't believe in playing the race card on either side. i've seen it played, by the way, on the other side quite a lot too. it's not good for the country. i don't like the race card when people say people are criticizing president obama because he is black. i don't like that very much either. he is being criticized because he is president. >> who do you think she voted for? . now here is betty nguyen at the news desk with one more check of the headlines for us this morning. >> good morning. one of the women who accused republican presidential candidate herman cain of sexual harassment wants to tell her story. "the new york times" reports one of the accusers was paid $35,000 in severance pay by the national
restaurant association after she said an encounter with cain made her uncomfortable. the lawyer for the second woman wants the restaurant association to waive the confidentiality deal. >> i think the national restaurant association ought to waive the confidentiality and nondisparaging positions and let the two women if they choose to do so come forward and tell their story so it can get a complete public airing. >> when cain was asked why he didn't let his accusers speak he said there are legal questions that must be answered first. johnson & johnson baby sha pooh is one of their significant products but now boycotted by a coalition of health groups because it contains trace amounts of some cancer causing chemicals. johnson & johnson says it is phasing them out but critics say it can and should be done faster. this morning, lawyers for teen heartthrob justin bieber are denying a report that he
fathered a child. radaronline reports that a woman from california says she had sex with bieber a year ago when bieber would have been 16 and that her 3-month-old baby boy is his. she is requesting child support. bieber's representatives say, quote, it's sad that someone would fabricate malicious and defamatory false claims. kim kardashian is speaking out on her wedding and her divorce. she is in australia where she was the center of a media frenzy. she arrived there only hours after filing for a divorce from nba player kris humphries 72 days after their wedding. she spoke about out about her split for the first time in an interview today with australian television. >> i married for love. anyone who would get married for a tv show it's just ridiculous and it's just sad that i even have to defend that. i guess that is the kind of scrutiny you get when you live
your life on a reality show. >> reporter: but kardashian did admit that she got caught up with the filming of the tv show and didn't want to disappoint a lot of people. if you fly at all, you know that it can try your nerves at times. air travel on a bad day, even getting tour seat on the plane could be a bit of an ordeal. >> you can't do anything about bad weather or other delays but we can help you keep things
moving on the ground. travel editor peter greenberg is here with timesaving tips for us this morning. passengers, give them a checklist. get your pen and paper ready. before you leave the house what do you do? >> not stand in line if you can avoid it. an entire generations of americans who think they can find a line so they can stand in it. what you do at home you print out your boarding pass the night before your flight. how much time will you save? 30 minutes. because we know how long those check-in lines are at the airport. >> you're saving us 30 minutes by printing the boarding pass at home or on your smart phone. you say go to arrival level when you're departing. >> exactly. the departure level for the morning flights on the airports have double levels is a zoo. you get stuck in traffic. who is arriving at 7:00? nobody. have your car or your cab drop you off there and you go right upstairs. by the way, time saved on that, ten minutes and i'm being conservative. >> you try to save a little time by doing carryout.
you get to the airline and say we have to check that. . so if you don't want to check bags and think your carry-on too big what do you do? >> i haven't checked a bag domestically in over nine years. you can check your bag three days in in advance and 20 dollars a bag more than what the airlines want to charge you for losing your bag or delaying your bags it's door-to-door service. you know how much time you save there? >> how much? >> a lot. it's at least 30 minutes. you have to check your bag in and take it over to tsa and you have to wait for it when you land. i'm being conservative at 30 minutes. >> 60% chance the bag will be there when you land. >> which is the worst part. another tip you have down -- when we get there, and we enter through the arrivals is check the arriving screens to figure out our departure gate for our flight. >> you've gone through security. departure boards have not told the truth since 1947.
let's call it what it is. because when a departure board tells you what your time is scheduled to leave on time. that is hopeless. you only look at the departure board for one reason to see the gate you're supposed to leave from and go right to the arrivals board and see what is arriving at that gate. if nothing is arrival at that gate until tuesday why go to that gate? you have the luxury of being disappointed there as opposed to going all the way to the gate. you'll say 10 to 15 minutes. >> we are adding up right now. going to be quick. you land. it's always hectic. you're meeting your relatives, friends, what not. >> once again, you reverse the process. disobey all airport signs. you have no reason to go to arrivals. you go to the departure level. you have everyone with police, dogs, screaming cabs. you go to departure and you get in the car and cab and you're gone. >> you don't have to wait for your bag because you sent it ahead of time. >> total, add it all up for us.
what have we saved now? >> 90 minutes. >> that's insane. >> 90 minutes. that gives you more time to shop -- no, kidding. the bottom line -- >> more time to sleep if you have an early morning flight. >> you have saved all of that time. basically, it's a contrairian view and it's worked and you disappoint all airport signs and you'll get to where you go and save 90 minutes. >> i love the disobeying. just hope my kids aren't watching. peter greenberg told me i could disobey. >> you're going to the airport today. you can work on it. >> i am. to travel for pleasure you need free time. a new survey finds that more women are rejecting the corporate ladder because they want more free time and more flexibility. >> they want to get more out of life. >> don't get any ideas. >> what are you talking about? >> we will take a closer look at that survey in a moment. first a woman who made that decision and chose to step back. >> i was constantly working to the next promotion.
worked my way up to be vice president by the time i was 30. >> reporter: by corporate america's standards, pamela skillings had it palm six-figure office and wall street office and prestigious title and vice president at citigroup but after 12 years she gave it up at 35. >> i felt like i was running on the hamster wheel all the time. i was getting sick all the time. i was coming home exhausted. my husband didn't thinkive as much fun any more. i didn't feel like i was me any more, at least the me that i wanted to be. >> reporter: and she isn't alone. a more magazine survey of 500 women found 2 out of 3 would accept a smaller paycheck to more free time. skillings lives with her husband in queens coach where she works for herself as a career coach and setting her own schedule and improved her quality of marriage and quality of life. >> i have more time to spend with my husband. i still work hard but it's on my
own terms. >> reporter: 43% of the women skilled less ambitious as a year ago. >> i go to work and feel good about the work i do and build a business, to grow a business. even i'm working harder, i feel what i'm doing is more meaningful and i feel like i'm in control. >> joining us now is jennifer braunschweiger, deputy editor of moi owner" magazine. the idea of success and ambition has been redefined? >> it has. women are telling us they want a career and a life. and by career, they don't mean that they want to work less. but they do want more control over how, where, when they work, so that they can fit in things that are important to them. >> i like as we heard from the woman in the piece it's about redefining your definition of ambition because there is something very ambitious wanting to spend time with the people you love.
>> yes, or have some me time, time to do things that are interesting to you. we asked women if they considered themselves more or less ambitious than they were ten years ago. 43% told us they were less ambitious but 80% agreed with the statement that a woman who wants a career and a life is ambitious in a different way. >> yeah. it requires a lot to have those two things, without question. >> to have a life and to have a career, i think a lot of us battle with it day in and day out. >> yes. >> i think some people say it's impossible, you can't do it. >> flexibility it comes down to flexibility and flexibility is about control and there are certain careers that allow you to have more control over how you're working. >> but i think in your survey, 33% of the women believe it's career suicide to ask for more flexibility and i think this hits a lot of women who it comes to asking for anything at work. >> yes, is there a perceived penalty but it's unclear how much that is a perceived penalty and how much there is a real penalty. and, in fact, despite the fact that they agreed with that
statement, 92% of us told us -- 92% of them told us that flexibility is a second most important characteristic in a job right after salary. >> wow. >> this is interesting. ibm just hired its first female ceo. 73% of the women wouldn't apply to their boss's job. why don't more women follow those footsteps? >> what we hear over and over again, it's just not worth it. they don't want the politics, they don't want the pressure, they don't want the responsibility. they work to work and work hard and taken seriously at work but they don't necessarily want to advance into those spots where it requires you to give up everything else. >> how much of this -- the changing mindset of a lot of people is the changing perception of what women do. i think the hardest job in the world is a stay at home parent. yet for a long time, people sort of looked down on that job. people are understanding the
challenges that go along with that. do you think public perception played into this some nsome way? >> sure. interestingly, when we asked women what they would do with the flexibility, they didn't talk about child care which makes me think women are starting to fill out how to combine a career and kids. what they said they wanted was more me time. >> i could take that. >> they have not figured out how to keep themselves in the mix. and they haven't figured out how to exercise -- you know, women also have a lot of demands from elder care, maybe they have hobbies they want to pursue so it's not just about making time for kids. it's about how complicated our lives are right now. >> me time is totally overrated, by the way. you finding more women with children looking towards these flexible schedules or across the board? >> that was surprising. single women told us more that they wanted flexibility and me time than women with kids or that they were more willing to give up money in exchange for time. >> that's because you need the money once you have kids!
>> yes. i'm sure that is part of it. >> so much more responsibilities. >> really nice to have you here. >> thank you. up next, a great idea if you're watching your weight. smaller desserts. >> you may have noticed things are shrinking these days when it comes to sweet treats. are they actually cheaper? they are
julia child would say you should sample a little bit of everything that is a secret to happiness and health. >> a lot of dessert are going smaller these days and taryn winter brill is here with more on that. >> less is more times, right? maybe in this case. even though so many of us are watching our waist lines these days, it doesn't mean we want to give up eating dessert. myself included. thanks to small sweets perhaps the old adage rings true we can
have our cake and eat it too as long as it's bite-sized. the favorite trend for our baked treats. they are serving up cupcakes one at a time here. >> you can have six bites of different things and i like a variety. >> i can watch my waist line. >> reporter: melissa's small adventure began from her apartment. after she got fired from her advertising job her business partner came up with the idea to downsize dessert. >> he was a caterer. and he saw how people just loved little tiny things. if you could just take one nice clean bite and you don't have to worry about the mess or, you know, a fork, it's just easy. >> reporter: from minimacaroons and doughnuts. tiny treats are changing our way. >> people like them area then cute. >> reporter: even at the supermarket, classic cookies are
offered in bite-sized portions. at pop bar, this owner finds his treats are perfect size for parties. >> cute size. they don't feel like they are eating too much or too little. >> reporter: baked by melissa's small cupcakes are perfect for kids on a small budget. >> you're coming in, i think, with their allowance. i have a dollar! like can i buy one cupcake? ah! to me, like that's it! >> reporter: sure enough, after asking her mom for a dollar, this girl came back for a cupcake. >> here you go. enjoy. >> thank you. >> reporter: the small sizes allow calorie counters to adhere to their diet, though, many can't resist reaching for more. >> on average, our cupcakes are less than 50 calories apiece. >> reporter: but the big kids can't get enough. how do you stop yourself from eating too many? >> no. i just eat them all. >> reporter: is it more about
watching your waist line or watching your wallet? >> neither. i just like the taste. >> reporter: for melissa, it's the sweet taste of success. now with five stores in manhattan, her business model of a dollar a cupcake looks like it makes a whole lot of sense. it's a small little thing, but huge flavor. >> thank you so much. >> reporter: it's great. small bites but big on flavor. >> read that tag quick. >> eat. go ahead. i brought some samples. a quarter for each side. dig in. these are the new adventure. dipped in chocolate. >> chocolate chip pancake. >> i love that and flavor of the month is chocolate graham. >> confession. we sometimes bring these in for people's birthdays here. they are about a dollar each and most cupcakes are about $3. >> $4 here in manhattan. less material, less overhead the bakers we talked to,